Sibiu: GO! GO! GO

Frédéric LASNIER

CEO & Chairman (Founding Partner)


First visit at our office in Sibiu, where Manu has got us once again a ready-to-use building. The 350 square meter villa is very pleasant and perfectly matches our start-up spirit that goes along with moving in new premises. We decided to set up in this town the HQ of our “embedded systems” activities (we already have almost 50 employees in this field) and we have almost achieved our objectives. The presence of many German-speakers in Sibiu will allow us ...

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Pentalog’s 2008 second quarter financial release

Sophie Lelarge

SALES DIRECTOR (FOUNDING PARTNER)


50% output increase for the second quarter Pentalog will report a 50% production increase for the second quarter 2008 compared to the same period in 2007.This booming activity was mainly drawn by the expansion of Eastern-European business (bank, telecom, industry). On the German side, the Frankfurt subsidiary, focused on java and dotnet development activities achieves 7% of the sales figure and 20% of the group’s total growth. The Ukrainian subsidiary is still at an embryonic stage and thus will probably not ...

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Ukraine accesses WTO and announces a 30% inflation rate

Frédéric LASNIER

CEO & Chairman (Founding Partner)


A lot of news coming from Kiev… but not only good-ones. I don’t want to tell my opinion yet about a possible outcome for this country where we have just opened an office, but let’s say that some of the latest news is rather negative. 1. Ukraine becomes an official member of WTO… this is good news. Without any doubt, for Ukraine WTO represents the step before EU accession. With 48 million inhabitants and a pro-western posture regarding strategic matters, it’s a ...

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I’m sticking to it: the lack of IT resources is a real brake on growth in Europe, especially in the Western part

Frédéric LASNIER

CEO & Chairman (Founding Partner)


This morning I am in Marseille, visiting a true French innovator for whom I have great respect. We have been investing a lot together with this customer for the last 2 years. This small company innovates in a field where American firms from Silicon Valley or Boston usually rule the roost, apart from a few “small-ones” such as San Disk, Gemalto, Orange… Well, they confirm that in spite of millions of euros of fund raising, growing reputation, high standard premises ...

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Huge recruitment programs for the IT sector in developing countries

Frédéric LASNIER

CEO & Chairman (Founding Partner)


The new “xPC” project I’m working on made me think about the problems linked to engineer demographics in Europe (everybody is talking about it), but even more in developing countries. I just held 3 business meetings in Bucharest this week with different major actors (IT companies). These 3 companies added to the one I manage expect to recruit 600 persons by the end of this year, while universities produce “only” 5000 graduates every year (and 50% of them will never ...

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